During the pandemic, Dennis has taken advantage of the pandemic payment pause

Michelle Dennis

Raised by a divorced mother of two who earned a meager salary as a leasing property officer, Michelle Dennis knew as a teenager growing up in Mobile, Alabama, that she would have to find ways to fund her college education. “I worked really hard in high school to make sure that I had good grades so that I could get some scholarships,” Dennis said.

In 1998, she graduated from Xavier University of Louisiana with little student loan debt, thanks to scholarships and the Pell Grant, which the federal government awards to students based on financial need. But when Dennis returned to school to the best hookup apps get a second bachelor’s degree in nursing from the University of Alabama, she relied largely on student loans. Then, she completed a master’s degree in health care administration in 2014 and a d, both from Southern University and A&M College in Louisiana. She now owes about $100,000 in student loans, and her salary is not enough to easily pay back what she owes, she said.

She also has applied for the public service loan forgiveness program, which is designed to help borrowers in professions such as nursing, teaching, the military and the government. The vast majority of borrowers who apply for the program are denied: The Education Department said it rejected 98 percent of borrowers who applied for the program from fall 2020 to spring 2021. Weiterlesen